Bloomberg News

Exxon Pipeline Cleanup May Last Three Weeks, Sheriff Says

May 03, 2012

Exxon Mobil Corp. (XOM:US)’s cleanup of its 22- inch North Line that leaked 1,900 barrels of oil in Louisiana April 28 is likely to take another two to three weeks, the parish sheriff said.

“It may have been a pipe failure,” said Beauregard “Bud” Torres, sheriff of Pointe Coupee Parish, Louisiana. “Some of these pipelines have been in existence as long as 50 years.”

Exxon is excavating at the point of the rupture, Torres said. He said 70 to 100 people are at work on the cleanup near Torbert, Louisiana, 20 miles (32 kilometers) west of Baton Rouge.

“Responders are making significant progress as cleanup operations continue,” Rachael Moore, a spokeswoman for Exxon in Fairfax, Virginia, said in an e-mail today. “We are working cooperatively with federal, state and local regulatory agencies.”

The pipeline carries oil from the Gulf Coast to refineries that can process more than 700,000 barrels a day and to Sunoco Logistics Partners LP’s Mid-Valley Pipeline, which moves crude from Louisiana to Ohio, according to Exxon’s website.

Delek US Holdings Inc. (DK:US) cut runs at its El Dorado, Arkansas, refinery to 55,000 barrels a day, or about 69 percent of capacity, after the pipeline was shut, Chief Financial Officer Mark Cox said on a conference call today.

To contact the reporter on this story: Aaron Clark in New York at aclark27@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

Companies Mentioned

  • XOM
    (Exxon Mobil Corp)
    • $103.75 USD
    • 0.21
    • 0.2%
  • DK
    (Delek US Holdings Inc)
    • $27.94 USD
    • 0.09
    • 0.32%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus